Europe: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in Europe

The Europe cyanides and cyanide oxides market skyrocketed to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, saw a slight shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Cyanides, Cyanide Oxides And Complex Cyanides in Europe

In value terms, cyanides and cyanide oxides production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports in Europe

In 2022, cyanides and cyanide oxides exports in Europe dropped sharply to X tons, shrinking by X% on 2021 figures. Over the period under review, exports showed a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell significantly in the following year.

In value terms, cyanides and cyanide oxides exports contracted rapidly to $X in 2022. Overall, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) and the Czech Republic (X tons) represented roughly X% of total exports in 2022. Russia (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%). France (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Czech Republic ($X) emerged as the largest cyanides and cyanide oxides supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Czech Republic stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, showed a noticeable contraction. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the export price figures.

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports in Europe

In 2022, the amount of cyanides, cyanide oxides and complex cyanides imported in Europe fell sharply to X tons, which is down by X% against 2021 figures. In general, imports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, cyanides and cyanide oxides imports reduced modestly to $X in 2022. Overall, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia was the major importer of cyanides, cyanide oxides and complex cyanides in Europe, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Sweden (X tons) held the second position in the ranking, followed by the UK (X tons) and France (X tons). All these countries together held near X% share of total imports. The Netherlands (X tons), Germany (X tons) and Spain (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Sweden (X%) and Spain (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, the UK (X%), France (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Sweden and the Netherlands increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cyanides and cyanide oxides importing markets in Europe were Russia ($X), the Netherlands ($X) and the UK ($X), with a combined X% share of total imports.

Among the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform